Hitec Laboratories, the specialist Compliance, Risk & Performance, and Electronic Document Management solutions developer have announced the release of v2 of CONFORM™, the market leading Policies & Procedures Management solution.
Every regulated business has a responsibility to adhere to legislation and regulations. MiFID, Anti Money Laundering, Treating Customers Fairly, NEWCOB and Sarbanes-Oxley are just a few!
CONFORM™ automates the process of creation, dissemination, audited electronic delivery and understanding measurement of Policies & Procedures and provides certainty that statutory compliance and best practices are accurately deployed and communicated - and that employees’ competency is measured.
Jeremy Crame, Hitec CEO commented “Just having Policies & Procedures posted on the corporate intranet in the hope that employees visit the site, read and digest them - post and hope technology! - is no longer sufficient”.
“Communicating Policies and Procedures and ensuring that they are understood by a large workforce – possibly spread across the globe - is a huge and expensive undertaking” continued Crame. “CONFORM™ automates the process, and provides certainty that policies have been received, read and crucially understood by employees”
“We are delighted to see CONFORM™ becoming recognised as the optimum solution for Policies & Procedures Management within regulated businesses on a global basis”.
CONFORM™ is designed to reduce the risk of reputational damage and financial loss, and to enhance compliance and governance.